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Bullboard - Stock Discussion Forum Verde Agritech Ltd T.NPK

Alternate Symbol(s):  VNPKF

Verde AgriTech Ltd is an agricultural technology company that produces potash fertilizers. The principal activity of the Company is the production and sale of a multi-nutrient potassium fertilizer marketed in Brazil under the brands K Forte and BAKS, Silicio Forte, and internationally as Super Greensand (the Product). K Forte is a potash fertilizer that is a source of potassium, silicon, and... see more

TSX:NPK - Post Discussion

Verde Agritech Ltd > First day for ASDP sales
View:
Post by kanerfalk on Oct 10, 2023 10:19am

First day for ASDP sales

Today is the first day for Cristianos ASDP sales. Only 36 months  left.
Comment by Patiencemyson on Oct 10, 2023 3:03pm
Im thinking that something bigger is expected for NPK by Christiano and that his selling price is much higher than the current market price just to be ready for the movement. His last ASDP which likley sold no shares was over $10.00 I believe.  Things didnt materialize as he would have liked. The company is transformative at this time and a lot of positions opening up in this company for VP ...more  
Comment by Benedictus on Oct 11, 2023 12:22am
The prior ASDP limits are quoted below. Based on his recent sale of 180K shares in the low 2's and the fact that no share price limits were disclosed in the updated ASDP, my guess is the limits will be much lower than $9. As Kaiser mentioned recently, the fact that this is exactly 50% of his holdings does beg the question: is this divorce related? If so, then there's a different sales ...more  
Comment by Mexiurl on Oct 11, 2023 6:34am
NPK is unravelling like a cheap suit. Credibility is the foundation of all stock investing, and the CEO has thoroughly insulted the collective intelligence of the existing shareholders, who are slowly but now rapidly realizing that. Every DEBACLE is the same, and most have transitionned from disbelief and denial toward acceptance that this DOG DON''T HUNT.